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Fed’s Mester Wants Few More Months of Good Inflation Before Cuts | Bloomberg Businessweek
Posted
June 14, 2024
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June 14, 2024
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Bloomberg News International Economics & Policy Correspondent Michael McKee talks about his interview with Cleveland Fed President Loretta Mester who called the latest data showing softer inflation “welcome news,” and said she would like to see a few more months of good data before considering lower interest rates. Bloomberg News Senior Management and Workplace Reporter Matthew Boyle explains what Swedish retailer Ikea is doing to retain workers. Bloomberg News Equities Reporter Bailey Lipschultz discusses how restaurant chain Cava is worth $33 million per restaurant after a blistering debut. Bloomberg News Music and Audio Reporter Ashley Carman provides the details of Spotify's plan to unveil a new premium music service. And we Drive to the Close with Aaron Kennon, CEO at Clear Harbor Asset Management.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
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